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Goldman CFO says clients past Levin: analyst

Goldman Sachs believes its clients are largely past the regulatory investigations and accusations that have surrounded the bank, according to an analyst who met its Chief Financial Officer.
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Microsoft shares rise after Einhorn blasts CEO

Shares of Microsoft Corp climbed as much as 2.3 percent on Thursday after influential hedge fund manager David Einhorn caused a stir on Wall Street by calling on Chief Executive Officer Steve Ballmer to step down.

Medvedev: Russia-U.S. Missile Shield Deal Stuck Until 2020

Even as the United States and Russia work to implement a nuclear treaty to reduce their total number of nuclear weapons, Russian President Dmitry Medvedev touched upon the highly sensitive issue of missile defense on Thursday as he met with President Barack Obama at the G8 Summit in France.

Where In Africa Did Slaves Come From?

Unlike immigrants from Europe and Asia, most Africans in the New World have little or no detailed accounts of their ancestors’ lives and histories.
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Wall Street bounces back for a second day

Stocks rose for a second day, erasing early losses in a volatile day on Thursday as earnings helped technology and consumer discretionary stocks after a substantial fall for equities this month.
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Goldman lowers year-end target for S&P 500 index

Rising inflation, higher commodity prices and lower global economic growth will weigh on margins of S&P 500 <.SPX> companies, said Goldman Sachs, as it forecast a lower 2012 earnings outlook, and reduced its year-end target on the index.
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Corporate profits drop in Q1, GDP unrevised

Corporate profits in the U.S. unexpectedly contracted in the first quarter to record their first decline in more than two years and the economy grew at the same pedestrian pace as previously estimated, a government report showed on Thursday.
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Instant view: Jobless claims up; GDP unrevised

New U.S. claims for unemployment benefits unexpectedly climbed to 424,000 last week from a revised 414,000 in the prior week, pointing to a painfully slow improvement in the nation's job markets.

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